11-08-2021 | 17:26 PM
e-RUPI Digital Payment Solution
• Prime Minister Narendra Modi has launched “e-RUPI Digital Payment Solution” which is an e-voucher-based payment solution.
Key Highlights:
• e-RUPI is a digital solution that allows cashless payment solutions for COVID-19 vaccination.
• The digital payment solution has been developed with the support of DFS (Department of Financial Services) and NHA (National Health Authority) and is powered by the National Payments Corporation of India (NPCI).
• This seamless one-time payment mechanism enables users to redeem the voucher without a card, digital payments app, or internet banking access, at the merchants accepting UPI e-Prepaid Vouchers. The e-RUPI would be shared with the beneficiaries for a specific purpose or activity by organizations via SMS or QR code.
• This contactless e-RUPI is easy, safe and secure as it keeps the details of the beneficiaries completely confidential. The entire transaction process through this voucher is relatively faster and at the same time reliable, as the required amount is already stored in the voucher.
• Platform will be used to deliver services under schemes that are meant to provide drugs & nutritional support under Mother and Child welfare schemes, drugs & diagnostics under schemes such as Ayushman Bharat Pradhan Mantri Jan Arogya Yojana, fertilizer subsidies, and TB eradication programmes.
NOTE: e-RUPI was launched in collaboration with the Department of Financial Services, Ministry of Health & Family Welfare, and National Health Authority.
